Archive for the ‘debt’ Category

What is $6,992?

Wednesday, February 6th, 2008

The price of this 1998 Volkswagon Jetta? Three times what our energy costs will be this year? The amount of government assistance given to Rose E. Frechette in 2004 and 2005? The price of 50,157 Member's Mark baby diapers from Sam's Club? 28 Nintendo Wii's? (unless you have to buy yours on Ebay) My family's ...

Net Worth for the New Year

Wednesday, January 2nd, 2008

The M-network and friends are posting about net worth today. Net worth is basically the difference between the positive side of the ledger (assets) and the negative side (debt). There are a lot of different theories on figuring net worth. I have included my house and "0% balance transfer" money. I am not ...

Interesting Loan Offer

Monday, November 26th, 2007

I just received this notice in the mail last week regarding our car loan payment. We are pretty tight for cash right now so I am tempted to accept the offer, but I'm not completely convinced that the deal is such a good idea in the long run. Here is the pitch: Good news! There's ...

What if I Were Debt Free?

Sunday, October 21st, 2007

I have been tagged by Plonkee in the post If I Were Debt Free. When I first found out that I had been tagged on this topic, I immediately thought, "That will be easy to write about." But as I began to consider the issue, I realized that I really hadn't ...

The Best Way to Get Out of Debt In My Humble Opinion

Wednesday, October 17th, 2007

I think most of us understand the basic personal finance platitudes, even though we don't always apply them:  spend less than you make           save for emergencies         make compound interest work in your favor        pay off credit cards every month        comparison shop        Roth and Traditional IRA's are both okay   ...